Global Aluminum Extrusion Market 2019-2023

Global Aluminum Extrusion Market 2019-2023

Global Aluminum Extrusion Market: About this market

Aluminum extrusion is used to develop products with cross-sectional profiles in construction, electrical, machinery, transportation, and consumer durables industries. Technavio’s aluminum extrusion market analysis considers sales from the mill-finished, anodized, and powder coated segments. The products are sold to building and construction, automotive and transportation, machinery and equipment, consumer durables, electrical and electronics, and other end-users. Our analysis also considers the sales of aluminum extrusion in APAC, Europe, MEA, North America, and South America. In 2018, the mill-finished segment held the highest market share, which is expected to remain prevalent over the forecast period. Factors such as the thriving construction market in developing countries and the recovering real estate sector in developed countries will significantly help the mill-finished segment in maintaining its leading market position. Also, our global aluminum extrusion report has observed market growth factors such as increasing demand for aluminum extrusion from the automotive industry, growth of the real estate and construction industries, and growing demand for lightweight and high-performance materials. However, excess production capacity leading to increased fixed cost for manufacturers, growing competition from substitutes, and slowdown of manufacturing sector in China may hamper the growth of the aluminum extrusion industry over the forecast period.

Global Aluminum Extrusion Market: Overview

Growing demand for lightweight and high-performance materials

Aerospace and defense and automobile industries are significantly using lightweight and high-performance materials such as aluminum, carbon fiber, and composites. Among the high-performance materials, aluminum extruded products and highly preferred owing to their significant resistance to high temperature and thermal shock. These products are also completely recyclable with high recycling rate. These factors will increase revenue generation for market vendors. Therefore, growing demand for lightweight and high-performance materials will lead to the expansion of the global aluminum extrusion market at a CAGR of almost 4% during the forecast period.

Increasing adoption of pre-engineered buildings

The deployment of pre-engineered buildings is high in developed countries such as the US, especially in the residential sector. However, the concept of pre-engineered buildings is gaining rapid popularity in developing countries such as India, Brazil, and Argentina. Aluminum extruded products are widely used in pre-engineered building applications. Therefore, increasing adoption of pre-engineered buildings, a significant market trend, will have a positive impact on its overall growth.

For the detailed list of factors that will drive the global aluminum extrusion market during the forecast period 2019-2023, click here.

Competitive Landscape

With the presence of several major players, the global aluminum extrusion market is fragmented. Technavio’s robust vendor analysis is designed to help clients in improving their market positions, and in line with this, this report provides a detailed analysis of several leading aluminum extrusion manufacturers, which include Arconic Inc., China Zhongwang Holdings Ltd., Constellium SE, Guangdong Fenglu Aluminium Co. Ltd., and Norsk Hydro ASA.

Also, the aluminum extrusion market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.


PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
2.1 Preface
2.2 Preface
2.3 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
Market ecosystem
Market characteristics
Market segmentation analysis
PART 04: MARKET SIZING
Market definition
Market sizing 2018
Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition
PART 06: MARKET SEGMENTATION BY PRODUCT
Market segmentation by product
Comparison by product
Mill-finished - Market size and forecast 2018-2023
Anodized - Market size and forecast 2018-2023
Powder coated - Market size and forecast 2018-2023
Market opportunity by product
PART 07: CUSTOMER LANDSCAPE
PART 08: MARKET SEGMENTATION BY END-USER
Market segmentation by end-user
Comparison by end-user
Building and construction - Market size and forecast 2018-2023
Automotive and transportation - Market size and forecast 2018-2023
Machinery and equipment - Market size and forecast 2018-2023
Consumer durables - Market size and forecast 2018-2023
Electrical and electronics - Market size and forecast 2018-2023
Other end-users - Market size and forecast 2018-2023
Market opportunity by end-user
PART 09: GEOGRAPHIC LANDSCAPE
Geographic segmentation
Geographic comparison
APAC - Market size and forecast 2018-2023
North America - Market size and forecast 2018-2023
Europe - Market size and forecast 2018-2023
South America - Market size and forecast 2018-2023
MEA - Market size and forecast 2018-2023
Key leading countries
Market opportunity
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
Market drivers
Market challenges
PART 12: MARKET TRENDS
Increasing demand for solar energy
Growing consumption of secondary aluminum
Increasing adoption of pre-engineered buildings
PART 13: VENDOR LANDSCAPE
Overview
Landscape disruption
Competitive scenario
PART 14: VENDOR ANALYSIS
Vendors covered
Vendor classification
Market positioning of vendors
Arconic Inc.
China Zhongwang Holdings Ltd.
Constellium SE
Guangdong Fenglu Aluminium Co. Ltd.
Norsk Hydro ASA
PART 15: APPENDIX
Research methodology
List of abbreviations
Definition of market positioning of vendors
PART 16: EXPLORE TECHNAVIO
Exhibit 01: Product offerings of Vendors
Exhibit 02: Global metals and mining market
Exhibit 03: Segments of global metals and mining market
Exhibit 04: Market characteristics
Exhibit 05: Market segments
Exhibit 06: Market definition - Inclusions and exclusions checklist
Exhibit 07: Market size 2018
Exhibit 08: Global market: Size and forecast 2018-2023 (thousand t)
Exhibit 09: Aluminum extrusion process
Exhibit 10: Global market: Year-over-year growth 2019-2023 (%)
Exhibit 11: Five forces analysis 2018
Exhibit 12: Five forces analysis 2023
Exhibit 13: Bargaining power of buyers
Exhibit 14: Bargaining power of suppliers
Exhibit 15: Threat of new entrants
Exhibit 16: Threat of substitutes
Exhibit 17: Threat of rivalry
Exhibit 18: Market condition - Five forces 2018
Exhibit 19: Product - Market share 2018-2023 (%)
Exhibit 20: Comparison by product
Exhibit 21: Mill-finished - Market size and forecast 2018-2023 (thousand t)
Exhibit 22: Mill-finished - Year-over-year growth 2019-2023 (%)
Exhibit 23: Anodized - Market size and forecast 2018-2023 (thousand t)
Exhibit 24: Anodized - Year-over-year growth 2019-2023 (%)
Exhibit 25: Powder coated - Market size and forecast 2018-2023 (thousand t)
Exhibit 26: Powder coated - Year-over-year growth 2019-2023 (%)
Exhibit 27: Market opportunity by product
Exhibit 28: Customer landscape
Exhibit 29: End-user - Market share 2018-2023 (%)
Exhibit 30: Comparison by end-user
Exhibit 31: Building and construction - Market size and forecast 2018-2023 (thousand t)
Exhibit 32: Building and construction - Year-over-year growth 2019-2023 (%)
Exhibit 33: Automotive and transportation - Market size and forecast 2018-2023 (thousand t)
Exhibit 34: Automotive and transportation - Year-over-year growth 2019-2023 (%)
Exhibit 35: Machinery and equipment - Market size and forecast 2018-2023 (thousand t)
Exhibit 36: Machinery and equipment - Year-over-year growth 2019-2023 (%)
Exhibit 37: Consumer durables - Market size and forecast 2018-2023 (thousand t)
Exhibit 38: Consumer durables - Year-over-year growth 2019-2023 (%)
Exhibit 39: Electrical and electronics - Market size and forecast 2018-2023 (thousand t)
Exhibit 40: Electrical and electronics - Year-over-year growth 2019-2023 (%)
Exhibit 41: Other end-users - Market size and forecast 2018-2023 (thousand t)
Exhibit 42: Other end-users - Year-over-year growth 2019-2023 (%)
Exhibit 43: Market opportunity by end-user
Exhibit 44: Market share by geography 2018-2023 (%)
Exhibit 45: Geographic comparison
Exhibit 46: APAC - Market size and forecast 2018-2023 (thousand t)
Exhibit 47: APAC - Year-over-year growth 2019-2023 (%)
Exhibit 48: North America - Market size and forecast 2018-2023 (thousand t)
Exhibit 49: North America - Year-over-year growth 2019-2023 (%)
Exhibit 50: Europe - Market size and forecast 2018-2023 (thousand t)
Exhibit 51: Europe - Year-over-year growth 2019-2023 (%)
Exhibit 52: South America - Market size and forecast 2018-2023 (thousand t)
Exhibit 53: South America - Year-over-year growth 2019-2023 (%)
Exhibit 54: MEA - Market size and forecast 2018-2023 (thousand t)
Exhibit 55: MEA - Year-over-year growth 2019-2023 (%)
Exhibit 56: Key leading countries
Exhibit 57: Market opportunity
Exhibit 58: Total construction expenditure in the US 2010-2017 ($ billions)
Exhibit 59: Global urban population 2010-2017 (%)
Exhibit 60: Reasons for growth in excess capacity
Exhibit 61: Exports of goods and services in China (% of GDP) 2006-2017
Exhibit 62: Impact of drivers and challenges
Exhibit 63: Global photovoltaic system installations – Year-over-year growth 2005-2016 (%)
Exhibit 64: Recycling circle of aluminum
Exhibit 65: Vendor landscape
Exhibit 66: Landscape disruption
Exhibit 67: Vendors covered
Exhibit 68: Vendor classification
Exhibit 69: Market positioning of vendors
Exhibit 70: Arconic Inc. - Vendor overview
Exhibit 71: Arconic Inc. - Business segments
Exhibit 72: Arconic Inc. - Organizational developments
Exhibit 73: Arconic Inc. - Geographic focus
Exhibit 74: Arconic Inc. - Segment focus
Exhibit 75: Arconic Inc. - Key offerings
Exhibit 76: China Zhongwang Holdings Ltd. - Vendor overview
Exhibit 77: China Zhongwang Holdings Ltd. - Organizational developments
Exhibit 78: China Zhongwang Holdings Ltd. - Geographic focus
Exhibit 79: China Zhongwang Holdings Ltd. - Segment focus
Exhibit 80: China Zhongwang Holdings Ltd. - Key offerings
Exhibit 81: Constellium SE - Vendor overview
Exhibit 82: Constellium SE - Business segments
Exhibit 83: Constellium SE - Organizational developments
Exhibit 84: Constellium SE - Geographic focus
Exhibit 85: Constellium SE - Segment focus
Exhibit 86: Constellium SE - Key offerings
Exhibit 87: Guangdong Fenglu Aluminium Co. Ltd. - Vendor overview
Exhibit 88: Guangdong Fenglu Aluminium Co. Ltd. - Business segments
Exhibit 89: Guangdong Fenglu Aluminium Co. Ltd. - Organizational developments
Exhibit 90: Guangdong Fenglu Aluminium Co. Ltd. - Key offerings
Exhibit 91: Norsk Hydro ASA - Vendor overview
Exhibit 92: Norsk Hydro ASA - Business segments
Exhibit 93: Norsk Hydro ASA - Organizational developments
Exhibit 94: Norsk Hydro ASA - Geographic focus
Exhibit 95: Norsk Hydro ASA - Segment focus
Exhibit 96: Norsk Hydro ASA - Key offerings
Exhibit 97: Validation techniques employed for market sizing
Exhibit 98: Definition of market positioning of vendors

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